Peter's Blog

Peter Schiff: The Fed’s ‘Help’ Is Actually Hurting

The Federal Reserve is injecting trillions of dollars of monetary stimulus into the financial system to ‘help’ the economy through the coronavirus pandemic. This is the same kind of ‘help’ the central bank offered in 2008. But as Peter Schiff explains in his latest podcast, this kind of ‘help’ is actually hurting. In fact, the […]

We’ve Been Stimulated! SchiffGold Friday Gold Wrap March 27, 2020

On Monday, the Fed announced QE infinity and by mid-week, Congress had agreed on a $2 trillion stimulus package to battle the economic impacts of the coronavirus. That launched us into a bizarro world where a weekly record of over 3 million unemployment claims led to a huge stock market rally. As Mike Maharrey put […]

With Heroes Like This, Who Needs Villains?

According to Owen Ullmann in an op-ed published by USA Today, there are some unsung “heroes” in the battle against the coronavirus pandemic – the brave and courageous bankers at the Federal Reserve. I think Ulmann misspelled “villains.”

Peter Schiff: This Is Where the Problem Really Starts

The Federal Reserve has launched QE infinity. As Peter Schiff put it, the Fed has gone all-in on quantitative easing. So, what does this mean? What are the ramifications of all this debt monetization and money printing? In his podcast, Peter said this is where the problems really start.

Federal Reserve Announces QE Infinity

We now have QE to infinity and beyond. On March 23, the Federal Reserve announced it will purchase an “unlimited” amount of US Treasuries and mortgage-backed securities. The Washington Post called the move “unprecedented” and said that it goes “much further than what the central bank did in the 2008-2009 crisis.”

Peter Schiff: We’ve Passed the Point of No Return

The Federal Reserve cut rates to zero and expanded quantitative easing on Sunday. How did the markets reward this latest monetary stimulus? They crashed. In his podcast, Peter said he thinks we’ve passed the point of no return.

Peter Schiff Said the Fed Was Going to Zero; Here We Are

On June 4, 2019, during an interview on Fox Business, Peter Schiff said the Federal Reserve was going to cut rates to zero and launch another massive round of quantitative easing. March 16, 2020 — here we are.

It’s Panic! SchiffGold Friday Gold Wrap March 13, 2020

It appears we’ve pretty much reached complete panic mode. The longest bull market in history came to an abrupt end on Wednesday. Wall Street followed up with another massive sell-off on Thursday.  The S&P 500 had its worst day since Black Monday in 1987. Even gold was down. Meanwhile, the Fed tried to stem the […]

Peter Schiff: The Fed Is Responsible for the Rise in the Stock Market

Peter Schiff recently appeared on SmallCap Power with Mark Bunting to talk about the stock market bubble. He said it’s the same type of bubble as 2008, only bigger. The source is the same. It’s artificially low interest rates. It’s quantitative easing. The central bank, the Federal Reserve, is responsible for the rise in the […]

How Long Can the Fed Keep the Party Going? SchiffGold Friday Gold Wrap Feb 7, 2020

Gold took a hit on Tuesday but held a key support level and rebounded as the week went on, even as stocks set new records. Why does gold continue to keep showing strength even with all the headwinds? Is it just coronavirus? Or is something else going on? Host Mike Maharrey talks about it in […]